Green light for City of London office tower

Aaron Morby 3 years ago
Share

Hong Kong developer Tenacity has secured planning to build a 32-storey office block in London’s Square Mile, the first to be approved in 2021.

 55 Gracechurch Street designed by Fletcher Priest
55 Gracechurch Street designed by Fletcher Priest

The firm said it was backing the London office market in the belief that Covid-19 has changed the expectation of what good offices buildings must offer but demand still remained.

The site at 55 Gracechurch Street is located next to the Walkie-Talkie building on the southern edge of the City high rise cluster.

It is presently occupied by a 1990s seven-storey steel frame building that will need to be demolished.

The Gracechurch Street building will provide 34,000 sq m of offices, almost 2,500 sqm of retail and a large garden terrace

Designed by Fletcher Priest Architects, the building will consist of a six-storey podium topped with a public garden. The tower rise rise 25 floors above, made up of two building elements.

Designed to achieve BREEAM ‘Outstanding’, it would be the first tall building in the City Cluster to achieve the high rating,

The current expectation is that the demolition and enabling will take around six months, with main construction works taking nearly three years.

Client team


Podium terrace for the public

Architect: Fletcher Priest Architects
Structural and facade engineer: AKT II
Services engineer: DSA Engineering
Cost Consultant: Alinea
Pre-construction consultant: Blue Sky Building

Founder and CEO of The Tenacity Group, Patrick Wong, said: “Today marks a significant milestone for us and underlines our commitment to the City of London and the future of truly sustainable office buildings in the City.

“Despite the events of the last twelve months and the changes and challenges that we have all witnessed, Tenacity is quite clear that the era of the office is not over. Far from it.

“We believe the future is bright for the right kind of space – space that 55 Gracechurch Street will provide – that embraces sustainability and provides flexibility, puts the needs of the workforce at its core but also engages with the wider community around it.

“Today’s decision reinforces that view, and we look forward to working with the City to bring our vision for 55 Gracechurch Street to fruition.”

The developer also submitted plans three months ago for a 33-storey office at nearby 70 Gracechurch Street.

This 155m tower designed by architect Kohn Pedersen Fox will be stepped, with three glazed office elements split vertically with planted balconies giving the impression of three slender tapered towers.

Chair of the Planning and Transportation Committee at the City of London Corporation, Alastair Moss, said: “The building design embraces emerging development trends, such as flexible workspace, greening and access to fresh air – all of which were rising trends that have now been embedded into building design as a result of the pandemic.

“Of particular merit to this development is an innovative ventilation strategy which uses fresh air, filtered from outside, to cool the office floors.

“The development will even reuse stonework from the existing building and include recycled steel with a commitment of an impressive 98% diversion of construction waste to landfill.”

Latest news

McLaren gets green light for 45-storey Leeds tower

Landmark Wellington Square scheme will see 464 flats built with 360,000 sq ft of offices
3 hours ago

Heavy rain causes 1.9% construction output fall

Hopes remain undampened of a resi-led recovery this summer
4 hours ago

Taziker restruture to return to profitability after £1.2m loss

Founders bought the business back from private equity after last year's loss
4 hours ago

£220m London wharf homes scheme approved

285 homes to be built beside protected Albert and Swedish Wharves in Wandsworth
4 hours ago

Major project veteran named civils director for Sizewell C

David Speight previously worked on Hinkley, Heathrow and HS2 client teams
4 hours ago

Morgan Sindall lands £19m Milton Keynes hospital job

Crane lifts to be carefully co-ordinated to ensure air ambulance remains active
18 hours ago

Clancy bolsters civils leadership team

Daniel Tonkin and Simon Hyams join as operation directors of water and infrastructure
1 day ago

Balfour names new project boss for HS2’s super-hub station

Steve O’Sullivan replaces Nigel Russell who was promoted to CEO of Balfour's HS2 ops
1 day ago

Buckingham Group supply chain hit doubles to £256m

Total owed to unsecured creditors soars as surety providers finalise claims
1 day ago

Builders demand an end to police plant bans

Call to suspend all embargoes on moving mobile cranes and large site kit
1 day ago

Green light for £65m Blackpool multiversity campus

Education campus of 350,000 sq ft will be delivered in phases
1 day ago

Vinci signs £138m Sheffield steel forge expansion deal

Sheffield Forgemasters signs landmark contract after two years of pre-construction works
2 days ago

McAlpine hires HS2 programme boss to head defence arm

Armed forces logistics expert Mike Hickson takes role as MD of defence
2 days ago

£200m carbon capture plan for Deeside site

Energy from waste operator enfinium looking to invest in North Wales plant
1 day ago

McAleer & Rushe promotes five staff to contracts directors

Design and build contractor targets £500m revenue next year
2 days ago

Consultant quartet win Government estate upgrade deal

Government Property Agency selects Arcadis, Tetra Tech, AtkinsRéalis and McBains
2 days ago

Resi towers pioneer to transform Liverpool site

Beetham founder Hugh Frost to help develop 1,200 new homes
3 days ago

Construction Manager of the Year crowned

Galliford Try's Barry Kingscote wins coveted prize: Full list of winners
2 days ago

Landsec £250m London terraced office job approved

Skanska tipped for 20-storey Hill House scheme near Fleet Street
3 days ago

Lendlease tops March contracts league

BAM and ISG rank third with big contract wins
2 days ago

Vistry strikes deal with Homes England for 1,000 units

Firm's timber frames factory will supply most of the Midlands houses
2 days ago

Morgan Sindall go-ahead to build 23-storey Salford resi job

Funding deal with CBRE allows latest project on bank of River Irwell to proceed
3 days ago

Unite Students gains planning for London and Bristol schemes

RG Group will build landmark Stratford tower and Freestone Island projects
3 days ago

Rolls-Royce gets go-ahead for 1.1m sq ft expansion in Derby

Major expansion of Raynesway campus planned to met submarine fleet orders
3 days ago

GMI Construction edges back into profit

A year of controlled consolidation helped generate £0.9m profit but cash at bank dropped to £10m
3 days ago

Balfour gets final sign-off for HMP Highland at £209m

Deal struck for delayed Inverness prison after costs rocket
4 days ago

Renew buys bridge maintenance business

Contractor boosts highways division with £5m acquisition
3 days ago

HS2 tests market for £150m mass transit job

2.4km long elevated Automated People Mover to go out to tender in 2026
3 days ago

Cardo completes fourth acquisition in a year

Expanding Welsh building maintenance specialist reaches £170m turnover
4 days ago

Watchdog clears Heidelberg takeover of Mick George

Four quarries and five ready-mix operations to be sold to meet competition concerns
4 days ago

Contractor services